Category: Forex MT4 Indicators
Auto Trend Channel Indicator
The Auto Trend Channel Indicator for MT4 is an awesome tool that displays a set of trendlines defined by the highs and lows of a currency pair price action. These lines are plotted automatically on a chart and together make a price channel as the price is moving between two parallel trendlines. This is one […]
Raff Channel Indicator
The Raff Channel Indicator draws a trend channel using the technique originally introduced by Gilbert Raff. The slope of the channel shows a trend direction and its boundaries are considered potential market entry points. Closer look on the Raff Channel Indicator The upper and lower trendlines show the maximum distance the Close Line had moved […]
TMA Centered Bands Indicator
The TMA Centered Bands Indicator draws a trend-following price channel along with the dynamic support and resistance levels. It helps to understand the trend conditions and provides potential areas to enter the market. Closer look on the TMA Centered Bands Indicator As you can see, the TMA Centered Bands Indicator consists of the lower band, […]
MACD Histogram with Filter MA Indicator
The MACD Histogram with Filter MA Indicator for MT4 combines the MACD Histogram with a Moving Average filter, giving you both trend direction and clearer entry and exit signals in one tool. Example chart: How to use the MACD Histogram with Filter MA Indicator for MT4? The indicator plots two moving averages: orange (fast) and […]
Trend Strength Indicator
The Trend Strength Indicator for MT4 does precisely what its name suggests – it measures the strength of the trend of the chosen asset. A trader can adjust his trading intentions according to the dominant trend. Trading in the direction of the trend is low-risk strategy. Closer look on the Trend Strength Indicator With the […]
MTF High Low Indicator
The MTF High Low Indicator is responsible for drawing high and low levels of previous and current daily, weekly, and monthly periods. These levels are often respected as market turning points, thus traders can take advantage of trading at them. Closer look on the MTF High Low Indicator When you load up the indicator in […]
Fractal Channel Indicator
The Fractal Channel Indicator for MT4 provides a continuous channel formed by connecting the successive Up and Down fractals. As the name suggests, the indicator is based on fractals, which were originally introduced by Bill Williams. An Up-Fractal is a series of 5 consecutive bars with the highest high in the middle and two lower […]
Stochastic Momentum Index (SMI) Indicator
The Stochastic Momentum Index Indicator is a technical analysis gauge that analyzes price momentum. Its calculations are based on the closing price relative to the median range (high-low) of the currency pair price over a specified period. The SMI indicator is considered an improved version of the standard Stochastic Oscillator. Closer look on the Stochastic […]
Moving Average Strength Indicator
The Moving Average Strength Indicator is a multifunctional forex trading gauge, based on the Moving Average, MACD, and Stochastic. You should choose short period of MA if you prefer using it for scalping, and long period if you it to be suitable for trend-following and swing trading. Anatomy of the Moving Average Strength Indicator The […]
Fractal Adaptive Moving Average Indicator MT4
The Fractal Adaptive Moving Average (FRAMA) indicator for MT4 is a variation of moving averages, but it adapts more quickly and accurately to price fluctuations. It was originally introduced by John Ehlers as a better alternative for trend-trading strategies. Example chart: How to trade with the fractal adaptive moving average indicator for mt4? The FRAMA […]
